Feb 17th
So wanting to free up some monthly cash I traded in my 08 Prius for a cheaper car. I didnt want to worry about marketing it and being home for test rides and blah blah blah. So I took it to the dealer i bought it from brand new.
Of course they would have bought it straight out for some super low ball amount but if i bought something else they would pay it off.
Well my payoff was less than retail or even trade in value but not by a ton and I still liked the idea of someone else handling all the paper work and getting me into something else at the same time.
I find they have a 01 Honda Accord and I know they are reliable, one owner, pretty good condition so we go back in forth over price and while the Honda was a bit more than normal it was from a dealer, they had put brand new tires on ohhh and again they are doing all the paperwork and getting me into something cheaper.
So of course my loan is "approved" I sign away my old car and away i go.
I get it emissions and get the car rekeyed because they only had the Valet key (claim the car was traded in with two keys but lost it) I am still ok with it because i have a lower payment and will be getting money back from cashing in my old Prius warranty.
March 2
I get a call from the dealer, the loan isnt going through.....there was some kinda mix up.....they could get it all taken care of if I had like $500-$900 down payment on the loan.
I am like WTF and call the bank and they tell me "We approved the loan, but then they came back and forgot their dealer fees, handling and tax and this pushed it beyond our limit for that year" The bank reads me all the notes back in forth where they forget to include this and that and go back in forth.
So i was ok with letting the car go for less than I could have got and paying a tad more for something because my payments are lower, insurance is lower, and payoff is much lower, but this is getting ridiculous.
I am wondering, should i just sit and wait and let them figure it out? I mean i signed all the paper work, i paid to have work done on the car already.....or i could say "Fine take the care back I want my Prius back" (Which they had offers on the 2nd day they had it)
Thoughts?